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Decks in this class (5)
Positive and Normative Statements
Positive statements 1,
Normative statements 2,
Why are economists interested in ...
4
cards
The Basic Economic Problem
Need 1,
Want 2,
The basic economic problem 3
9
cards
Objectives of Economic Agents
What do firms maximise 1,
What do the government maximise 1,
What do consumers maximise 2
6
cards
Opportunity Cost
Opportunity cost 1,
What point represents the most ef...,
What are all the points on the pp...
12
cards
Specialisation
Specialisation 1,
Why are economists interested in ...,
Product specialisation 3
16
cards
More about
The Basic Economic Problem (MiAS)
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